$BTC price has reached the 50 EMA and is now reversing to the downside. 13 hours remain until the weekly candle closes. We can observe a bearish hammer forming. $ZEC
$BTC $77,800 to hold today and we go to $79,000 minimum from here. Will keep tabs but short term longs are the game, while above. Bulls held well yesterday than i thought they would. $XRP
Bitcoin is sitting at a pretty important level here. $BTC has spent the last few days repeatedly testing $79,500 and failing to turn it into support. The good news is the bigger structure still looks strong. The move from $63K to $80K was a major breakout, and $BTC is now consolidating above the old range rather than immediately giving the whole move back. For me, $79,500 is the level to watch. Reclaim it and hold above it, and $80K+ comes straight back into play. Lose the current consolidation and I’d be watching $70,500 as the much more important structural level. Until then, I’m not overcomplicating it. Bitcoin is consolidating after a huge move. The next clean break from this range should tell us where we’re going next. $HYPE #BTC Price Analysis# #Altcoin Season#